Keys to Successfully Transitioning Your Business

David Bohlander

7171 / Business Governance and Transitions

A family business is not only a financial asset, but it is a collection of values, reputation and memories. One is not just transferring wealth, but the values that are important and that the owner would like to see continued. With proper planning, management, and family relationships, many problems can be avoided in a transition of a business from one generation to the next.